Capital goods are counted the same as consumer goods in the national product accounts
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
The "solvency condition" states that the debt-GDP ratio will rise continuously so long as
A) the real GDP growth rate exceeds the real interest rate. B) the real interest rate exceeds the real GDP growth rate. C) the real interest rate exceeds the nominal interest rate. D) the nominal interest rate exceeds the cost of borrowing.
Economics
Which of the following is most easily excludable?
A) ideas B) capital C) technology D) a set of designs or instructions
Economics